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the speaker delivered a strong but simple message showing us the spending cuts. good evening. >> good evening. it is difficult to tell the difference between the public postures and the private negotiations. you but i want to bring our viewers up to gate. first of all, we got news that the president sent and offer to the speaker that reduced his demand for revenue. that is a small move toward the republican direction. it did not budge on the $800 billion that the speaker has offered. neither side is talking about concessions. but the speaker and the president had a phone call. but the president went to the speaker went to the house today, and they said it is time for the president to get serious. here is what we do know, we know that the president wants more serious spending. that is not fixing our problem frankly, it is making it worse. the mund m fundamentals are in place to have a deal come into play. but i talked to a member of congress tonight saying the speaker warned to be prepared for a struggle with the white house. >> we are going to take a brief break and come back. >> i'm talking
doing better. it is hard to be terribly bearish on the u.s. >> y are going to stay with our politico expert. this is a rally that has surprised experts. it hasn't been that easy to be optimistic. >> it is. i think you have to be cautious here. the probability that this could fall apart is very, very real. >> so, you have to be careful up at these levels as a trader. i have low exposure up here. i have protection. that is how you have to play this market. stay with us please. >> yesterday it looked like washington was inching towards a deal. but today, plan b could be signaling differences. we have karen b and sara fagan herself a former political director. i know what it means. no tax rates above $1 million. no tax hikes but why did bay nor decide to do that. what signal is he sending? >> i think what he is telling the president is look, i appreciate you coming around on this, i appreciate you giving, it is not enough. and i'm going to go to the floor and show you, that $400,000 is not a deal republicans are going to accept. the other thing that occurs that, is it is important for hi
're used to taking our shoes off and going through the tsa pat-downs. we're spending a lot more money on counterterrorism than gun violence. but we have more deaths due to gun violence than to terrorism. we have to start putting more attention, more resources and maybe having to change some of these types of security measures, unfortunately. >> congresswoman, let me ask you about this security issue. this is a tough issue. most people don't want to have to go through drills like that. like i said, a lot of people in the newtown area and i know it well, we're up there, that's why they're there, because it's a calmer, peaceful place. and yet is the kind of drill that my sister-in-law had in virginia beach, is that coming nationwide? is it going to be like the security, the tsa that we hate it but it came nationwide fast? >> maybe. but since we just heard in this report that his mom, apparently the shooter's mother was a teacher there, probably he was familiar to the staff. i'm going to guess. we don't know. but -- >> that's why they let him in. >> right. what does that tell us? that you
money." i'm jim cramer. see you tomorrow! hey, larry, what do you have for us? connecticut, where the first of the victims from the tragedy here were laid to rest today. this grieving town begins the process of saying good-bye, investigators continue their search for how and why it all happened here. i'll have more coming up. devastation of superstorm sandy, but wait until you hear about all the pork loaded into this $60 billion sandy relief bill. hardly any of it gets to sandy and the actual survivors. we'll get to all that. "the kudlow report" begins right now. >>> first up, 14 days and the clock is still running for a deal to prevent the nation's economy from falling off the tax and fiscal cliff. president obama, speaker boehner, they huddled at the white house today once again, but are we really any closer to a compromise? we go back to cnbc's eamon javers who joins us from washington with all the details. good evening. >> reporter: good evening, larry. you're right, they did meet today. it was a surprise meeting not announced as the previous meetings between the two men have
the second term agenda of president obama. john harwood joins us now live with all the details. good evening, john. >> reporter: good evening, larry. you know, the house has now passed on a party line vote, zero democrats in favor, about 20 republicans defecting the spending cut portion of john boehner's plan b. it would cut about $200 billion in spending, overt the automatic sequester cuts to defense programs that republicans have been opposed to. now, the debate bef bthe passage of that spending cut bill, and we still have yet to see the passage of the tax increase bill, which is gotten resistance from conservatives, that was an opportunity for both parties to frame the stakes, and eric cantor, the house majority leader, came on the floor and said, this puts the ball squarely in president obama's court. >> we house republicans are taking concrete actions to avoid the fiscal cliff. absent a balanced offer from the president, this is our nation's best option, and senate democrats should take up both of these measures immediately. >> of course, democrats have no intention of doing that. they
Search Results 0 to 4 of about 5